SECI Extends Deadline For 3 GW Manufacturing Linked Solar Tender

SECI Issues Tender For 2GW Solar Projects With Storage

The deadline for submission has been extended from March 18, 2019, to April 4, 2019.

The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant.

The deadline for submission has been extended from March 18, 2019, to April 4, 2019, and now the techno-commercial bids will be opened on April 5, 2019.

The tender which was issued on January 30, 2019, had the pre-bid meeting scheduled for February 13, 2019, but, was later rescheduled for February 18, 2019.

Earlier in May 2018, SECI had tender similar manufacturing linked tender for 10 GW solar capacity with 5 GW manufacturing capacity per annum. SECI’s first large scale manufacturing-linked solar tender issued last year initially for 10 GW capacity, after six extensions and dropping the capacity to 5 GW attracted all but just one bid from Azure Power for 2 GW power capacity linked with 600 MW solar equipment manufacturing. However, unlike Azure, most of the other large industry players stayed away from the tender.

Due to poor response from the industry, the tender capacity was later reduced to 3 GW where the developers were to be provided guaranteed PPAs of 2,000 MW for a manufacturing capacity of 600 MW, therefore the total power projects awarded would have remained at 10 GW.

However, recently, the government announced its plan to cancel the previous tender and float the manufacturing-linked solar tender for a second time, after scrapping the results from the first issue.

Commenting on the reason for re-tendering, Minister of Power, New and Renewable Energy, RK Singh told reporters at the time, “We found that the rate which was initially quoted was unreasonable. We evaluated the bid when it was received as per the prevailing circumstances.”